Miller Buckfire, a leading investment bank specializing in corporate restructuring and recapitalization,announced that Richard Klein has joined as Managing Director in New York.
Klein brings over twenty years of experience to Miller Buckfire. Most recently, he was a Managing Director at Jefferies LLC in their Restructuring and Recapitalization group. Prior to that, he spent twelve years at Houlihan Lokey in their Financial Restructuring group. A graduate of the State University of New York, Albany, Klein began his career at CIT Group.
Klein's expertise includes special situation financing, healthy and distressed mergers and acquisitions (M&A), Chapter 11 and out-of-court restructurings, exchange offers, and covenant amendments across a variety of sectors, including consumer, gaming, natural resources, restaurants, and shipping. He has advised a broad spectrum of clients, including companies and debtors, senior lenders, bondholders, and private equity firms. Richard's recent mandates include Cobre de Mayo, LDK Solar Company, Patriot Coal, and Vertellus Specialties, Inc.
"We are pleased to welcome Richard to the team. Many of us at Miller Buckfire have had the opportunity to work with or across the table from him and have great respect for his expertise and professionalism. As we continue to leverage the broader Stifel platform to the benefit of our clients, we are thrilled to have someone with Richard's experience join our team," said Jim Doak, Co-Head of Miller Buckfire.
"Richard is a proven business generator, and his knowledge of restructuring will make him a valuable asset to our clients who are seeking objective and thoughtful approaches to challenging situations," added John McKenna, Co-Head of Miller Buckfire.
"Today, clients require the breadth of expertise from a full-service platform like Stifel and benefit from professionals who combine a command of the nuances of specific industries and the expertise to handle complex solutions and markets. Miller Buckfire, together with their partners at Stifel, is unique in providing both. I am excited to be joining a talented team of professionals that is well regarded across a breadth of sectors," said Mr. Klein.
The addition of Klein is the latest addition to the Miller Buckfire platform. Earlier this year, Yoon Song joined the firm's restructuring practice. Song was previously a Managing Director at FTI Consulting, where he advised creditors on restructuring matters. Prior to FTI, Mr. Song had spent over seven years at Houlihan Lokey advising and executing on numerous debtor and creditor side financial restructurings.
Stifel Financial Corp. is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.